How Does Working in Teams Affect Individuals

question 127

Multiple Choice

How does working in teams affect individuals?

• A)The team can satisfy important personal needs, such as affiliation and esteem.
• B)Individual team members receive fewer raises and promotions because teams get the credit.
• C)Team members are often isolated from the larger company and know little about it.
• D)Many individuals report feeling lonelier after they begin to work in teams.
• E)Teams often become too insular, so individuals fail to develop useful networks.

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Definitions:

Arbitrage

The practice of buying and selling assets in different markets or forms to profit from differing prices for the same asset.

Predatory Pricing

A strategy where a firm sets prices below cost with the intention of driving competitors out of the market, and then possibly raising prices to higher levels once competition is reduced.

Mark-up Pricing

A pricing strategy where a fixed percentage is added to the cost of producing a good or service to determine its selling price.

Direct Discrimination

Actions or policies that explicitly treat an individual or group less favorably than others based on prohibited grounds such as race, gender, or age.